Finance A Honda or Used Car With Ease

Financing your car is one of the most important aspects of the purchasing process. Whether you are new to this process, or even if you have gone through it many times before, our team is here to make sure you have all of the answers you need, especially in relation to buying and leasing a car. That is why our team is here to assist you with all of your vehicle-related needs.

Furthermore, we have done our best to ensure that the purchasing process is streamlined and hassle-free. After all, we want the purchasing process to be enjoyable and efficient for you! Part of that effort includes offering an online finance application, which expedites the initial beginnings of the financing process.

Leasing and Buying: Which Is Best for You!

When you are ready to invest in a vehicle, you will have a few different options available to choose from. Whether you prefer to own your vehicle by buying it, or you want something short-term and financially flexible, by leasing, our team will be here to assist you every step of the way.

Which option is best, though? Should you lease a car or purchase one?

Buying a Car: Loans and Ownership

Many people choose to buy a car, and they do so for a number of reasons. When you buy a car, you gain ownership of it. That means you can drive as far as you want, take care of maintenance, and personalize your vehicle. However, the majority of people who buy a car need to take out an automotive loan (which cover the initial cost of the vehicle). This loan is then broken down over a period of month (the life of your loan). Those monthly costs can be high depending on the cost of your vehicle and the life of your loan.

Leasing a Car: Financial Flexibility

In comparison to the monthly cost of an automotive loan, leasing offers a more affordable monthly pricing scale. This is because, instead of breaking a loan down over a certain number of months, leasing offers predetermined monthly prices for a set period of time. The difference is essentially the difference between buying a house and renting an apartment!

However, leasing a car does come with some drawbacks: there are mileage parameters associated with leasing, and you have a certain standard of quality required. This can make leasing more difficult, especially for folks who drive extensive distances often. However, mileage parameters do benefit those who drive around the city and those who need a vehicle for professional purposes.

Ready To Learn More?

If you would like to learn more about our selection of vehicles, or if you would like to learn more about the purchasing process, we invite you to visit us at Sloane Honda, located in Philadelphia, PA. Our team would be more than happy to assist you with all of your automotive needs, from purchasing to servicing.

Furthermore, we have an extensive selection of new vehicle specials you can check out if you would like to see additional savings.

Stop by today, and a member of our team can help you schedule a test drive with your preferred Honda vehicle on our lot.

We are proud to serve drivers in Philadelphia, Trevose, Willow Grove, Northeast Philly, and Feasterville.

Additionally, you can learn more about our Honda finance packages here:

Vehicle Exchange Program

Why Buy Peace of Mind?

Why Buy Gap Insurance?

Why Buy an Extended Warranty?